Dec 5, 2012 12:00pm PST
group stock is up 8% after announcing job cuts in the effect of hurricane sandy on job growth. it plans to cut 11,000 jobs starting in 2014, that is 4% of the total workforce at locations around the world. most of them would come from the bank's consumer banking unit. business analyst blame sandy for a lower number of new jobs in november. >>> the cadecott tunnel turns 75 today. it opened in 1937 connecting oakland and orinda. it is build 27 years later. a fourth one is being drilled through the east bay hill. it is scheduled to open next year. they will have four lanes in each direction at all times. >> today on the news at five. in or era, where we hear about state budget cuts. the many lawmakers take advantage of this. and it is all paid for by taxpayers. >> they are on the list and the services they receive. >> thank you for trusting ktvu, channel 2 news. be sure to join us again at five. we are always here for you and at ktvu.com.
Dec 6, 2012 12:00pm PST
that nearly the effects of superstorm sandy has faded. and this comes as the government releases the closely- watched survey for november. >>> apple will produce one of its existing lines of mcintosh computers next year. tim cook, the ceo, did not say which line or where in the house -- where in the u.s., the computers will be assembled. many are made in china. in the 1980s, they were made in fremont. in 1990, the production moved to elk grove in sacramento county. >>> lawyers for apple and samsung are scheduled to be back in federal court in san jose today. samsung wants the judge to throw out a billion-dollar judgment against it for infridgement and wants the judge to add $5 million of the award and -- apple wants the judge to add $5 million to the award. apple's stock, it is up nearly 1% after taking a big fall yesterday. >>> the grammy nominees were announced this morning and "fun" could get all top three awards for album, record and song of the year. "fun" shares a tally of six nominations with five other artists -- >>> the san francisco symphony also received a nod for best orc